The global Potassium Acetate market was valued at 14.85 Million USD in 2021 and will grow with a CAGR of 4.16% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Potassium acetate (KCH3COO) is the potassium salt of acetic acid. It is white flakes or crystalline powder and also used in industry, pharma, food additives, deicing, and others. Potassium salts are common to be sold in aqueous solution form. Corespondingly, potassium acetate is usually sold as aqueous solution, especially in deicing and drilling fluid industries. In our report, the amount of all liquid products is converted to amount of pure solid potassium acetate.Niacet is the global leader in Europe, with 8.95% of the global potassium acetate production. Cryotech and Hawkins are leading manufacturers in USA. Market in China is more separated, compared with USA and Europe. Potassium acetate product is usually sold in aqueous solution and powder form. USA and Canada are the main import regions of potassium acetate. China and Europe are the main export areas of potassium acetate. For demand market of potassium acetate, there is also a certain space in the next few years. China is the main export area, where potassium acetate is mainly exported to USA. Potassium acetate is used in a wide variety of industrial applications. The major uses are in the production of catalyst, oil drilling, pharma & food and deicing, etc. Deicing is the main application of potassium acetate, accounting 64.52% of the global consumption, while deicing is the major application of potassium acetate in North America.

By Market Verdors:

Niacet

Clariant

Cryotech

Hawkins

Nachurs Alpine Solutions

Evonik

Daito Chemical

Lancashire Chemicals

Askhay

Baltic Enterprise

Jiangsu Kolod Food

Wuxi Yangshan Biochemical

Wuxi Unisen

Tenglong

Shanxi Zhaoyi Chemical

Shijiazhuang Haosheng

Jiangxi Shuangjia

Langfang Tianke

Xianju Fusheng

By Types:

Food Grade

Pharmaceutical Grade

Industrial Grade

By Applications:

Industrial

Pharma & Food

Deicing

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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